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News

Court Finds Former Power Minister Saleh Mamman Guilty in N33.8bn Fraud Case

KEY POINTS Former Power Minister Saleh Mamman was convicted on 12 counts of fraud...
News

Tinubu Reassigns Fani-Kayode to South Africa After Germany Posting Controversy

KEY POINTS Femi Fani-Kayode has been reassigned from Germany to South Africa as Nigeria’s...
News

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.
News

CBN Orders Banks to Remove Misleading Adverts

The CBN has directed banks to remove misleading bank adverts, warning that deceptive promotional content threatens consumer trust and financial-market stability.
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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News

Court Finds Former Power Minister Saleh Mamman Guilty in N33.8bn Fraud Case

KEY POINTS Former Power Minister Saleh Mamman was convicted on 12 counts of fraud...
News

Tinubu Reassigns Fani-Kayode to South Africa After Germany Posting Controversy

KEY POINTS Femi Fani-Kayode has been reassigned from Germany to South Africa as Nigeria’s...
News

Sokoto Meningitis Outbreak Claims 33 Children, Over 250 Suspected Cases Recorded

  KEY POINTS Sokoto State confirmed 33 child deaths and 256 suspected meningitis cases across...
Politics

Jonathan Says He Will Consult Widely Before Deciding on 2027 Presidential Race

KEY POINTS Goodluck Jonathan said he will consult widely before deciding on a 2027...